SGB Update

Boeri Refutes Consumer Report’s Findings

In the December 2003 issue of Consumer Reports Magazine an article was published titled “Safety on the Slopes”. In this article several ski helmets were tested and evaluated by the staff at Consumer Reports. One of the tested models was the Boeri Axis Rag

SIA Sees Improved Retail Environment

SnowSports Industries America (SIA) reports today that the mood among retailers in most parts of the country is optimistic for the coming season based on sales through the first ten days of November. The data is based on personal interviews with a nationw

MSR Wins General Innovation Award From Popular Science

Mountain Safety Research's MSRR MIOXR Purifier has been selected the “Grand Award Winner for General Innovation” by the editors of Popular Science Magazine in the 16th Annual December 2003 “Best of What's New” issue on newsstands November 12…

SmartWool Signs Partnership Agreement With Vail

SmartWool is pleased to announce a multi-year partnership with Vail Resorts, designating SmartWool as the “Official Sock” for many of the top ski areas in the country: Vail, Beaver Creek, Breckenridge Resort, Keystone and Heavenly Ski Resort…

Vail Resorts Makes Senior Appointments

Vail Resorts, Inc. has announced two senior officer appointments, effective immediately. Jeffrey W. Jones, currently SVP/CFO of Vail Resorts Development Company, will become SVP/CFO of Vail Resorts, Inc. James P. Donohue, currently SVP/CFO of Vail Resor

Fila Promotes Lieberman to SVP Global Apparel

Sport Brands International has named Fila USA's current VP Apparel, Danny Lieberman as Senior Vice President Global Apparel for the brand. In his new role, Mr. Lieberman will supervise and coordinate Fila's global apparel design, development, p

Reebok Inks Alliance Deal with American Heart Association

Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w

Saks Fifth Avenue Taps High Profile CEO

Retailer Saks Incorporated announced that Fred Wilson has been named President and Chief Executive Officer of Saks Fifth Avenue Enterprises. He will assume his duties at SFAE by January 1, 2004. Wilson, who is currently Chairman, President, and Chief Ex

Ross Stores Sees Q3 Net Income, Sales Grow 12%

Ross Stores, Inc. reported 2003 third quarter net earnings grew 12% to $50.5 million, or 65 cents per share, from $45.1 million, or 57 cents per share, in the year-ago period. Third quarter sales in 2003 grew 12% to $977 million from $870 million in Q3

Sake Inc. Q3 Earnings Jump on Extraordinary Charges

Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st

NRF: Retail Sales Reinforce Holiday Forecast

Retail sales are continuing to gain momentum in time for the busiest shopping season of the year. According to the National Retail Federation, October retail sales in the GAFS category (general merchandise stores, clothing and clothing accessories stores,

Airwalk Foreclosure Plan Stymied at 11th Hour…

Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen

Pacific Sunwear Sees the Fleecing of America’s Teen Consumer…

The warmer weather in late October may have put a damper on some hot “cool weather” categories for Pacific Sunwear’s two retail concepts, but November is starting to shape up again, with the fleece category driving increases at both PacSun and d.e.m.o. N

Head Sees Winter Sports and Positive Exchange Rates Fuel Q3 Gains…

Head N.V. was able to use its reporting structure in U.S. dollars to its advantage once again in the third quarter, but company management indicated that the benefit had declined a bit since the first half of the year. The company reports in U.S. currenc